ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of Singapore Market Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI.
3. 13 Period +DI crosses under -DI.
4. Volume trade > 100,000 shares

One important thing to note is I am using freely available stock price information for computing the ADX indicator. The price information is not adjusted for stock dividends and split.

Links
Singapore RSI Scanner
Singapore MACD Scanner
Singapore Trend Analysis
Singapore Trading System

Tuesday, March 20, 2018

Scan 20 Mar 18

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHIP ENG SENG CORPORATION LTDLong3/20/20180.97352990020.82519
MENCAST HOLDINGS LTD.Long3/20/20180.10940100020.285633
RAFFLES EDUCATION CORP LTDLong3/20/20180.2526520022.761715
NIKKEI225 22000 MB ECW180608Short3/20/20180.14111000040.783549
THE PLACE HOLDINGS LIMITEDShort3/20/20180.03950070020.73250

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